BlockBeats news, June 2: According to an official announcement, Strategy has proposed adjusting the dividend distribution frequency of its STRC preferred shares from monthly to bi-monthly (every two weeks). The company stated that if this proposal is approved and implemented, it will help reduce the waiting time for dividend reinvestment, enhance market liquidity and trading efficiency, and strengthen price stability.
Strategy states that shareholders may vote on the related amendments through their brokerage accounts. During the voting process, the proxy solicitation firm Alliance Advisors may contact shareholders to assist with completing the voting procedure. This firm is an authorized partner of Strategy, responsible for matters related to this shareholder vote.
Additionally, Strategy reminds investors holding both MSTR common shares and STRC preferred shares to vote in favor of the proposal for each class of shares. According to the company’s disclosure, the amendment will only become effective if approved by shareholders of both MSTR and STRC.
Yesterday's report revealed that Strategy sold 32 bitcoins last week, shattering the myth of "never selling bitcoins."